Carry Trade Mints 42% Profit and Sparks Push Into New Market
For currency speculators around the world, the trade has long been a no-brainer: simply borrow yen, which costs
2023-09-18 07:55
China Warns Traders on Yuan Speculation, Fueling Sharp Rebound
China escalated its defense of the yuan by delivering a strong verbal warning to speculators and forceful guidance
2023-09-11 15:53
Offshore Yuan Seen Tumbling to New Low Against Dollar in China Selloff
Global investors have little confidence that China will succeed in shoring up its financial markets, predicting that mounting
2023-08-28 08:50
Markets Brace for Swings After High-Rates Mantra of Jackson Hole
Traders are girding for a volatile start to the week after US and European policymakers signaled interest rates
2023-08-28 04:47
China Ramps Up Fight With Yuan Bears to Stop Selloff Spiraling
China extended two lines of yuan defense, pushing up funding costs in the offshore market to squeeze shorts
2023-08-22 11:22
Yuan Traders on Watch for Strongest Ever Fix Guidance From China
China is close to unleashing its strongest ever guidance to push back yuan bears via its daily reference
2023-08-18 05:51
China Told State Banks to Escalate Yuan Intervention
Chinese authorities told state-owned banks to step up intervention in the currency market this week, in a push
2023-08-17 19:16
China’s Currency Defense in Focus as Rate-Cut Renews Yuan Stress
The People’s Bank of China is treading a fine line as it looks to bolster the economy without
2023-08-16 09:19
PBOC’s Yuan Fix Is Losing Its Bite as Bearish Sentiment Mounts
China’s yuan is plumbing fresh lows for the year with the central bank’s favorite tool for guiding the
2023-08-15 08:54
Yuan Falls Toward This Year’s Low as Chinese Economy Sputters
China’s yuan fell toward its weakest level this year after a series of disappointing economic figures added to
2023-08-14 14:18
China’s Economic Recovery Faces Fresh Risks From Property Crisis
China’s economic recovery is being weighed down by a worsening property slump, with latest data likely to show
2023-08-14 05:29
Thailand Pushes Yuan, Ringgit Use to Curb Impact of Baht Swings
Thailand plans to promote the use of yuan and other Asian currencies in trade and investments to curb
2023-08-08 07:17